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New Hampshire self-storage chain acquires Gardner facility for $7.25M

All-Purpose Storage of Keene, New Hampshire, purchased the location of Rt. 140 Self Storage in Gardner for $7.25 million, according to the Worcester District Registry of Deeds.

🔒Small business organizations are narrowing the financing gap for entrepreneurs of color

when entrepreneurs of color turn to banks and other investors, research shows they’re often given less consideration than white founders.

Worcester Housing Authority breaks ground on $8M, 24-unit apartment building

The Worcester Housing Authority, along with its non-profit affiliate Building Futures Inc., broke ground on a 24-unit residential building, called A Place to Live, aimed at housing members of Worcester’s homeless population.

Wonder Plunger creator receives $50K financing from North Central Mass. Development Corp.

Wonder Products of Sterling, has been approved by the North Central Massachusetts Development Corp. of Fitchburg for a $50,000 loan.
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F & M Tool & Plastics president sells property in $25M leaseback deal

A corporation registered to the co-founders of Concord’s Arris Partners, LLC has purchased two properties, comprising 16 acres, along Pioneer Drive on the Leominster, Lunenburg border from the president of F & M Tool & Plastics, Inc. in Leominster for $25 million.

L.S. Starrett profits dropped 4.2% in fiscal 2022, as sales rise

Athol tool manufacturer The L.S. Starrett Co. reported $14.9 million in net income for the fiscal year ending in June 2022, down from $15.5 million in the fiscal year ending in June 2021.

Following Insulet resignation, no Central Mass. public companies are led by a female CEO

When Shacey Petrovic stepped down as CEO of Acton medical-device company Insulet in May for personal reasons, she left Central Massachusetts without a single public company headquartered here, traded on NASDAQ or New York Stock Exchange, with a woman as CEO.

Heywood Healthcare property The Quabbin Retreat in Petersham sold for $3.3M

The Petersham location of Gardner-based Heywood Healthcare’s addiction treatment facility The Quabbin Retreat has sold to development company, Waterstone Properties Group, Inc. of Needham for $3.3 million, according to the Worcester District Registry of Deeds.
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Greater Worcester unemployment remains flat at 3.7%

The Worcester Metropolitan Statistical Area seasonally unadjusted unemployment rate remained at 3.7% in July.

Fitchburg Redevelopment Authority improves energy efficiency at Putnam Place

The Fitchburg Redevelopment Authority replaced 300 light fixtures with LEDs at its business center, Putnam Place in Fitchburg, which along with other changes will save 113,000 kilowatt hours annually.
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